Last week Norbloc announced their $1.6 million seed round led by Marathon VC, with the participation of DCG, Inbox Capital and Back In Black. We are thrilled to be working with Astyanax and Vitalii and excited to be able to share some of our thinking here.
It’s the point where you need to hire your first employees and guess what? Nobody gives a f**k about your startup! No one’s friend has worked there before and you cannot even find it on LinkedIn! Do these guys even have a customer?
As any organization of any size and type attracting the right people is key. People voluntarily join organizations for many reasons: money, status, mission, delusions of greatness, corporate car, fancy office.
In this podcast, we are discussing with George Papavasileiou of Mindcore.gr about the most deployed robots in the world: drones. How they work, what are the use cases, what is the impact, what are the business models and what is the current regulatory framework? Learn about drones and take skyborne selfies or build the next big thing!
How should equity be split among founders? What about employees or external partners? Entrepreneurs struggle with such questions in their quest to bring in people who can bring credibility, experience, and knowledge to the table. We have seen cap tables done both right and wrong. Here’s what we consider to be the first principle: Startup equity is a function of risk.